We work with Tatjana and her team for more than 5 years. All these time we were getting invaluable advices and support that saved us a lot of money.
Anthony (Global Tronic SIA)
We rely on Business Latvia in general accounting and payroll support. Management reporting for Head Office and local office helps to manage company better.
Ingrida (Termopalas LV)
We are truly satisfied with the help Business Latvia Accounting and Legal team did for us, when we launched the business in Latvia.
John Payne (TCI Group)
5 THINGS WE KNOW TO BE TRUE
#1 Successful accounting support brings more value than price you pay
Bazillions of entrepreneurs perceive accounting company services as necessary evil. Usually, they focus only on the lowest rate and do not even attempt to use accounting aptitudes for their business implementation Useful accountant will not only make all mandatory reporting requirements, but also will present a request in clear and understandable way about company positions, future perspectives and risks. He will catch and indicate areas where decisions are required and will provide client with possible solutions. Such apprehend is really working and support clients to earn more.
#2 Small business desires universal aid
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for help Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax troubles for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will process the documents, prepare and submit reports. He will also provide a solicitation about company overall financial place in situ and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no way should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring contentment
Payment of taxes is a norm in state of the art world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to select optimal taxation regime for the start of their business and substitute it to a more favorable, once it is advantageous to them. All these, require proper analysis programming and monitoring of legislation changes however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Mend
We have a tax examination in one of our clients at least once per quarter, so we accumulated great excellence in working with our State Revenue Set right During all these work we noticed that hundreds of issues could be avoided, if you anticipate State Revenue Patch up in a professional way Sometimes politeness, history of kept promises, availability and answering of all the requests in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you interests Everybody should do their job properly, so helping SRS to address their discomfort will open you road to easier find compromise on questions that are imperative for you.
5 THINGS WE KNOW TO BE TRUE
#1 Useful accounting support brings more value than valuation you pay
Bazillions of entrepreneurs perceive accounting company services as necessary evil. Usually, they focus only on the lowest rate and do not even try to use accounting efficiencies for their business installation Good accountant will not only make all important reporting requirements, but also will present a question in clear and understandable technology about company positions, future perspectives and risks. He will catch and indicate areas where decisions are vital and will provide client with possible solutions. Such apprehend is really working and help clients to earn more.
#2 Small business desires universal aid
Big businesses have their own teams of accountants, lawyers and are able to turn to the best tax advisors and other professionals for help Small business owners are limited with available funds and contacts. We do believe that accounting firms should resolve most of accounting, legal and tax headaches for small business. If it is not the case, what is the point to have accounting firm, you can hire individual accountant or even accounting student.
#3 Business manager should understand accounting basics
Accountant will the manner the documents, prepare and submit reports. He will also provide information about company overall financial situate and indicates the areas where business decisions to be made. However, business manager should make final word and take responsibility. However, this is not possible if business manager does not understand the basics. We strongly believe that accountant by no way should be the one who makes decisions on behalf of business manager. If this is the case, there is no future in this business.
#4 Payment of taxes can bring satisfaction
Payment of taxes is a norm in new world; all discussions about how these taxes are later used by government are speculations and can't justify not payment of taxes. However, business managers are free to select optimal taxation regime for the start of their business and replace it to a more favorable, once it is beneficial to them. All these, demand proper a diagnostic planning and monitoring of legislation changes however, doing so, you make sure there is no overpayment of taxes and total amount is fair.
#5 One can negotiate with State Revenue Patch up
We have a tax exploration in one of our clients at least once per quarter, so we accumulated great qualification in working with our State Revenue Service During all these work we noticed that a good deal of issues could be avoided, if you apprehend State Revenue Fix in a professional way Sometimes politeness, history of kept promises, availability and answering of all the questions in a сconfident way can save you more money than hiding and recruitment of best lawyers to defend you advantages Everybody should do their job properly, so helping SRS to address their the annoyances will open you road to easier find compromise on questions that are important for you.
